BEIJING, Aug. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 674.62
Euro 100 692.58
Japanese yen 100 5.1284
Hong Kong dollar 100 85.939
British pound 100 826.79
Australian dollar 100 474.03
New Zealand dollar 100 427.27
Singapore dollar 100 490.20
Swiss franc 100 710.24
Canadian dollar 100 525.26
Malaysian ringgit 65.94 100
Ruble 937.43 100
Rand 244.44 100
Korean won 19,324 100
UAE dirham 54.442 100
Saudi riyal 55.664 100
Hungarian forint 5,783.89 100
Polish zloty 68.091 100
Danish krone 107.48 100
Swedish krona 149.99 100
Norwegian krone 142.80 100
Turkish lira 265.12 100
Mexican peso 302.32 100
Thai baht 534.65 100
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
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